Shoppers’ Online Choices Transform Retail
The proliferation of online shopping choices for Canadian consumers is driving the evolution of the retail sector and spurring new forms of competition, according to a new report from the C.D. Howe Institute. In “Shoppers’ Choice: The Evolution of…Rosalie Wyonch – Prioritize Problems Before Politics to Modernize Seniors Care in Canada
From: Rosalie Wyonch To: Senior Care Policymakers Date: December 15, 2021 Re: Prioritize Problems Before Politics to Modernize Seniors Care in Canada The COVID-19 pandemic has highlighted long-existing and well-known challenges in senior care. Post-pandemic, more residential care (LTCs and retirement homes) and homecare will be needed to ensure Canadians can get care appropriate to their needs. But […] Drew Yewchuk – Why Alberta’s Plan for the Unpaid Municipal Taxes of Oil and Gas Companies Won’t Work
From: Drew Yewchuk To: Alberta’s orphan well watchers Date: December 14, 2021 Re: Why Alberta’s Plan for the Unpaid Municipal Taxes of Oil and Gas Companies Won’t Work New Alberta legislation gives municipal governments the power to place liens on pipelines and wells of companies that fail to pay their assessed municipal taxes as part of the province’s struggle […] Robson, Wu – More Reliable Budgets: Ottawa Should Lead the Way
From: William B.P. Robson and Miles Wu To: Finance Minister Chrystia Freeland Date: December 13, 2021 Re: More Reliable Budgets: Ottawa Should Lead the Way With preparations for the 2022 federal budget under way, the transparency and reliability of the federal government’s financial documents should be front of mind. Size alone makes the federal government […]Nos gouvernements hyperactifs – La Presse Opinion
Il y a des jours où on aimerait les ralentir avec une solide dose de Ritalin, tellement nos gouvernements nous étourdissent par leur hyperactivité. Mais il faut bien admettre que les défis actuels exigent encore des actions énergiques, qui n’iront pas sans pots cassés.
Les gouvernements du Québec, toutes couleurs confondues, ont toujours été interventionnistes. Toutefois, la frénésie actuelle du cabinet Legault rappelle les premiers mandats Lesage et Lévesque ; pas tant pour la création de nouvelles institutions que par l’intense utilisation des leviers existants.
Le combat contre la COVID-19 fait toujours la une avec la troisième ronde de vaccination, les règles sanitaires allégées et le renforcement de notre…
Brace for impact: Rate hikes are coming – Globe and Mail Op-Ed
Bank of Canada governor Tiff Macklem, like U.S. Fed chairman Jerome Powell, is clearly starting to view continuing high inflation with concern. A change is coming in monetary policy. With demand outrunning supply, our central banks’ policy interest rates need to rise – and may rise a lot.
Before COVID-19 triggered a monetary explosion, inflation in Canada and the United States had been so low for so long that most people could ignore it, and ignore monetary policy as well. Inflation was reliably close to 2 per cent year after year. The Bank of Canada’s overnight rate, its benchmark policy rate, and the U.S. equivalent, the Fed Funds rate, moved much less than they had when inflation was high and variable. How central bank policy…
S3 E24: Reliable Budgets and Transparency with Bill Robson
Canada’s federal, provincial, and territorial governments have over the last 20 years routinely blown their budgets. Senior governments have overshot their spending targets by a combined $119B, while underestimating tax revenue by as much as $143B. C.D. Howe Institute CEO Bill Robson joins Michael Hainsworth to discuss why governments are so far off their mark […] Ambler, Kronick, Robson – Down to the Wire on the Monetary Policy Framework
From: Steve Ambler, Jeremy M. Kronick, and William B.P. Robson To: Bank of Canada Watchers Date: December 10, 2021 Re: Down to the Wire on the Monetary Policy Framework Inflation has risen to almost 5 percent and the federal government and the Bank of Canada are set to announce a new monetary policy framework in days. Should we be […]David Laidler – Freeing the Bank of Canada from its Own Trap
From: David Laidler To: Central Bank Observers Date: December 10, 2021 Re: Freeing the Bank of Canada from its Own Trap It was 50 years ago that I first heard the gibe that “central bankers think inflation is always and everywhere a monetary phenomenon – except this time, of course,” and it remains as good as new. Consider the […]Ounce of Prevention is Worth a Pound of Cure: Seniors’ Care After COVID-19
Transformative Change Needed in Senior’s Care Major investments and significant changes should be made in the long-term care sector, according to a new report from the C.D. Howe Institute. Author Rosalie Wyonch recommends expansions in both residential and homecare so Canadian seniors can receive care when they want it, where they want it. The report […]